Jay Jackson
Chief Executive Officer
Replay available
Abacus Global Management, Inc. (ABL) Q2 2025 Earnings Call
Abacus Global Management, Inc. (NASDAQ: ABL) Q2 2025 earnings conference call, held 2025-08-07. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Elena Plesko
Chief Capital Officer
Bill McCauley
Chief Financial Officer
Patrick David
Analyst, Autonomous Research
Kristen Love
Analyst, Piper Sandler
Andrew Kligerman
Analyst, TD Cowan
Randy Binner
Analyst, B. Riley
Mike Grondahl
Analyst, Northland Securities
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Abacus Global Management, Inc..
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.435 Capital Officer will highlight in her remarks. 00:00:03.435 -- 00:00:08.762 These metrics will give you deeper insight into how we're executing in our overall business 00:00:08.762 -- 00:00:13.388 initiatives and specifically on how we manage our balance sheet. 00:00:13.388 -- 00:00:18.594 Along with our strong second quarter results, we expanded our brand recognition, 00:00:18.594 -- 00:00:24.361 including the launch of a new corporate-focused commercial campaign on June 12, 2025, 00:00:24.361 -- 00:00:29.073 at our Investor Day and Longevity Summit held at NASDAQ in New York City. 00:00:29.073 -- 00:00:34.180 The event centered around Abacus's positioning as a visionary leader in longevity-based 00:00:34.180 -- 00:00:39.588 asset management. The feedback we've continued to receive on our new branding remains 00:00:39.588 -- 00:00:41.070 encouraging. 00:00:41.070 -- 00:00:46.418 As prudent stewards of capital, in early June, our board of directors authorized 00:00:46.418 -- 00:00:51.585 a new $20 million share repurchase program effective June 5th, 00:00:51.585 -- 00:00:53.468 2025, 00:00:53.468 -- 00:00:58.666 running for up to 18 months. Additionally, in late July, we completed 00:00:58.666 -- 00:01:03.752 an exchange offer and consent solicitation related to our outstanding warrants as 00:01:03.752 -- 00:01:06.996 we continue to simplify our capital structure. 00:01:06.996 -- 00:01:12.042 We were able to tender 88% of the warrants at .23 per warrant 00:01:12.042 -- 00:01:17.568 with the remaining 12% to be converted at .207 shares per warrant 00:01:17.568 -- 00:01:19.911 on August 14th. 00:01:19.911 -- 00:01:24.884 Looking ahead, We're building on our excellent first half achievements and growing brand 00:01:24.884 -- 00:01:30....